Balentine LLC Sells 9,222 Shares of iShares Core U.S. Aggregate Bond ETF $AGG

Balentine LLC reduced its position in iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 0.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,964,878 shares of the company’s stock after selling 9,222 shares during the period. iShares Core U.S. Aggregate Bond ETF comprises about 11.9% of Balentine LLC’s portfolio, making the stock its 3rd biggest holding. Balentine LLC owned about 0.22% of iShares Core U.S. Aggregate Bond ETF worth $294,323,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in AGG. James Investment Research Inc. boosted its stake in shares of iShares Core U.S. Aggregate Bond ETF by 4.9% during the 1st quarter. James Investment Research Inc. now owns 63,231 shares of the company’s stock worth $6,277,000 after acquiring an additional 2,966 shares in the last quarter. Williams Financial LLC acquired a new stake in iShares Core U.S. Aggregate Bond ETF in the 1st quarter valued at $208,000. Verus Wealth Management LLC grew its stake in iShares Core U.S. Aggregate Bond ETF by 1.3% in the 1st quarter. Verus Wealth Management LLC now owns 8,057 shares of the company’s stock valued at $800,000 after acquiring an additional 106 shares during the period. Acorn Financial Advisory Services Inc. ADV increased its holdings in iShares Core U.S. Aggregate Bond ETF by 13.5% in the 1st quarter. Acorn Financial Advisory Services Inc. ADV now owns 536,266 shares of the company’s stock worth $53,235,000 after acquiring an additional 63,693 shares in the last quarter. Finally, WHI TRUST Co LLC increased its holdings in iShares Core U.S. Aggregate Bond ETF by 8.9% in the 1st quarter. WHI TRUST Co LLC now owns 404,787 shares of the company’s stock worth $40,183,000 after acquiring an additional 33,196 shares in the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Stock Performance

NYSEARCA:AGG opened at $98.50 on Thursday. The stock has a market capitalization of $138.21 billion, a PE ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a fifty-two week low of $97.51 and a fifty-two week high of $101.46. The company has a fifty day moving average of $98.80 and a two-hundred day moving average of $99.55.

iShares Core U.S. Aggregate Bond ETF Company Profile

IShares are index funds that are bought and sold like common stocks on national securities exchanges as well as certain foreign exchanges. iShares are attractive because of their relatively low cost, tax efficiency and trading flexibility. Investors can purchase and sell shares through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account.